The solar energy industry has grown at a fairly impressive pace in recent times and one of the companies that could be worth tracking at this point is that of Green Stream Finance (OTCMKTS:GSFI).
The company may be based out of Wyoming but it also operates offices in high-value markets in New York and in Malibu, California. The company is trying to meet the unmet demand for solar energy in a range of markets and has also managed to get licenses for a range of key markets.
At this point, Green Stream has the license to operate in Canada, Washington, California, New Mexico, New Jersey, Hawaii, Arizona, Colorado, New York, and Massachusetts. The company also operates a division based out of Nevada named Green Rain Solar LLC, which constructs and manages advanced solar greenhouses.
It is fairly clear that the company is slowly building a sprawling solar energy operation network. The solar utility company also provided a major update back on March 31, 2021.
The company announced that the Board of Directors at Green Stream has approved a special dividend to the shareholders. Shareholders of record as of May 1, 2021, are going to be awarded the dividends. Shareholders are going to be issued with one common share in Green Lantern for each block of 100 shares that they hold.
However, it should be noted that the dividend is only going to be issued if the company gets approval from FINRA for the same. James DiPrima, who is the Chief Executive Officer of the company, stated that it is one way for the company to show appreciation towards the shareholders. He went on to state that Green Stream Finance has also been able to take care of all the debts on its books and had also started the proceedings to get the necessary permits for its projects in New York.
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